Healthcare IT - Executive Summary

Published on: 12/19/2017

Merger and acquisition (M&A) activity remains strong as the Healthcare Information Technology (HCIT) industry continues to consolidate.  Recent innovations in medical technology and favorable federal and state incentives have greatly contributed to the sophistication and growth of the Telehealth Services Industry.  According to IbisWorld, industry revenue increased at a rapid compound annual growth rate (CAGR) of 39.8% over the past nine years, from $82.3 million in 2008 to $1.7 billion in 2017.  

 

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